Re: SDTC 6th Call for Funding is NOW OPEN!
Ottawa, Ontario, August 25, 2004
Clean Tech Fund Invites Statements of Interests For Its Next Funding Cycle
Sustainable Development Technology Canada (SDTC), a $350M fund for the development and demonstration of clean technologies, today announced a call for Statements of Interest (SOIs) as part of its sixth round of funding. The closing date for SOI submissions is October 6, 2004.
The call for SOIs invites entrepreneurs to make initial applications that are simple and straightforward. The SOI phase is designed to provide SDTC with a good sense of proposed technologies without imposing an arduous application process. Applicants who comply with SDTC's selection criteria will be invited to submit a proposal.
To date, SDTC has allocated a total of $72 million to 37 projects. That amount has been leveraged with an additional $208 million in funding from other project partners for a total project value managed by SDTC of $280 million. This represents a 3:1 ratio of industry-partner contribution to SDTC investment.
For further information about the call for Statements of Interest (SOIs) and the new online SOI application system, go to www.sdtc.ca <http://www.sdtc.ca/> or directly to http://www.sdtc.ca/en/funding/advice/phase1_soi.htm <http://www.sdtc.ca/en/funding/advice/phase1_soi.htm>
Sustainable Development Technology Canada is an initiative created by the Government of Canada that operates a $350 million fund to finance and support the development of clean technologies that provide solutions to issues of climate change and air quality, and that deliver economic, environmental and health benefits to Canadians.
An arm's length, not-for-profit corporation, SDTC bridges the gap in the innovation chain between R&D and commercialization, helping clean-technology developers move their products and solutions through the development and demonstration phases in preparation for commercialization.
SDTC's mission is to act as the primary catalyst in building a sustainable development technology infrastructure in Canada.